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JPMorgan Sued for Allegedly Enabling $328 Million Crypto 'Ponzi Scheme'

JPMorgan Sued for Allegedly Enabling $328 Million Crypto 'Ponzi Scheme'

The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto fraud.

The Daily: SEC and CFTC sign crypto coordination pact, Ripple launches $750 million share buyback program, and more

The Daily: SEC and CFTC sign crypto coordination pact, Ripple launches $750 million share buyback program, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

The Emperor has no wallet

The Emperor has no wallet

Why crypto still hasn’t solved a single everyday problem, argues VerifiedX’s Pollak.

CryptoQuant says ETH could fall to $1,500 amid Ethereum’s ‘adoption paradox’

CryptoQuant says ETH could fall to $1,500 amid Ethereum’s ‘adoption paradox’

ETH could fall further to around $1,500 by the end of Q3 or early Q4 if the current bear market continues, said CryptoQuant’s Julio Moreno.

Cathie Wood's Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat

Cathie Wood's Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat

Today’s quantum computers are far from breaking Bitcoin’s cryptography and any real threat would likely emerge gradually, giving the network time to adapt.

Crypto for Advisors: Crypto accounting; comparing the US and Europe

Crypto for Advisors: Crypto accounting; comparing the US and Europe

Crypto assets defy traditional accounting rules, posing huge risks for auditors and fund managers. Ganna Vitko breaks down U.S. vs EU trends.

Lido launches stablecoin yield product to expand beyond ether

Lido launches stablecoin yield product to expand beyond ether

The goal is to make it easier for users to earn returns on crypto without having to choose or manage strategies themselves.

Avalanche’s business chief says crypto must grow up and solve real problems

Avalanche’s business chief says crypto must grow up and solve real problems

John Nahas argues blockchain’s next phase is custom infrastructure for companies, not one-size-fits-all chains chasing hype.

Lawsuit claims JPMorgan Chase accounts served as ‘exclusive vehicle’ in $328 million crypto ponzi

Lawsuit claims JPMorgan Chase accounts served as ‘exclusive vehicle’ in $328 million crypto ponzi

JPMorgan allegedly served as the “exclusive vehicle” for a $328 million crypto Ponzi, funneling $253 million into Goliath Ventures.

Binance: U.S. Midterms Historically Followed by Strong Bitcoin Gains

Binance: U.S. Midterms Historically Followed by Strong Bitcoin Gains

Bitcoin Magazine Binance: U.S. Midterms Historically Followed by Strong Bitcoin Gains New research from Binance suggests the upcoming 2026 United States midterm elections could set the stage for a re...

HMRC explores crypto forensic tools for tax probes as former OECD advisor flags UK’s growing compliance push

HMRC explores crypto forensic tools for tax probes as former OECD advisor flags UK’s growing compliance push

HMRC is exploring crypto forensic tools worth up to $4.6 million to combat digital asset-related tax fraud and money laundering in the UK.

FATF warns offshore crypto firms create money laundering and sanctions gaps

FATF warns offshore crypto firms create money laundering and sanctions gaps

A new FATF report says crypto exchanges operating offshore can create gaps in AML enforcement, making it harder for regulators to track illicit activity.